Banking & Finance

Solid day for all indexes

Released at: 18:12, 11/05/2016 Stock Market Watch

All close in positive territory on May 11.

by Hung Khanh

All indexes finished up after a solid day’s trade on May 11. On HSX the VN-Index increased 9.01 points (1.49 per cent) and the VN30-Index 7.40 points (1.22 per cent) while on HNX the HNX-Index increased 0.21 points (0.26 per cent) and the HNX30-Index 0.51 points (0.36 per cent).

The VN-Index rose steadily throughout the course of the day, apart from dipping slightly to 606.47 points late in the morning session before closing at 609.25 points. It then increased significantly to peak at the close of the afternoon session at 614.06 points.

Increases were seen all around, with the VNMid cap index closing 0.91 per cent higher, the VNSml 0.76 per cent, and the VN100 1.23 per cent.

Banking large caps finishing up included CTG, by 3.4 per cent, BID 1.6 per cent, VCB 0.8 per cent, and MBB 0.7 per cent. STB, meanwhile, closed down 1 per cent.

VNM, the largest cap, increased 2.1 per cent, while VIC was up 2.9 per cent. BVH, HPG and GAS rose 3.4 per cent, 3 per cent and 2 per cent, respectively.

The strongest performing large cap on HNX was VCS, increasing 5.6 per cent.

Oil and gas shares took the HNX upwards, with PGS rising 1.6 per cent, PVI 1.2 per cent and PVS 0.6 per cent.

Banking shares slowed it down, however, with SHB falling 1.5 per cent and ACB closing at its opening price.

Foreign investors net sold by some VND199 billion ($8.92 million) on HSX but net bought by some VND7 billion ($313,950) on HNX.